Fostering Argentina’s integration into the world economy

Abstract

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Mastering the transition: A synthetic literature review of trade adaptation policies

“…Experience from OECD countries shows that although some stability in employment is desirable on social and efficiency grounds, highly onerous employment protection provisions can raise labour costs, reduce job creation and increase adjustment costs by postponing necessary resource reallocation. Introducing greater flexibility exclusively for sub-segments of the labour market while maintaining general labour market rigidities, as for example in Germany in the case of temporary employment, can increase labour market segmentation and inequality and hinder structural adjustments (Görg and Görlich, 2011 [60]). However, more flexible labour markets should be complemented with a strong social safety net including unemployment insurance and other income support measures, such as wage and employment subsidies, which compensate partially for income losses of affected workers and should be designed to provide incentives to search for and accept new jobs (OECD, 2012 [2]; OECD, 2005 [113]).…”

Challenges and opportunities of India’s enhanced participation in the global economy

“…India has used preferential trade agreements as a key component of its trade and foreign policy, especially since the early 2000s. It has concluded bilateral agreements with several Asian countries (including South Korea in 2009 and Japan in 2011), in goods more so than in services (Government of India, 2016 [42]). It is party to various regional trade agreements, including the SAFTA, the Asia Pacific Trade Agreement, and the ASEAN, although in November 2019 it stepped out from the discussions on the Regional Comprehensive Economic Agreement (RCEP) with China and other Asian countries.…”

“…Empirical evidence on the impact of preferential trade agreements on export performance is mixed. Some sectors appear to have benefitted, while others have experienced an increase in imports (Government of India, 2016 [42]). Several factors may affect these results.…”

Post-COVID-19 trade scenarios and priorities for Latin America

“…A recent report by the OECD reviews the existing literature on how policy reforms have managed to support structural change of economies (Grundke and Arnold, 2022[121]). …”